Gulf News

"Proden Energy" It establishes a facility of 455 million dirhams in Kizad

Abu Dhabi, May 22 / WAM / The Khalifa Economic areas of Abu Dhabi – Kizad Group, one of the largest operators of integrated and specialized economic areas signed a 50 -year -old armament agreement with “Broaden Energy” to establish an advanced manufacturing facility in the Kizad A “Kizad Al Mamoura” region on the sidelines of the fourth session of the “Made in the Emirates” forum.

The project represents the beginning of the first phase of the new “Broaden Energy” industrial complex, which was announced last year in partnership with the Department of Economic Development in Abu Dhabi.

The “Broaden Energy” facility will be the first of its kind in the region, and the project represents an important strategic step towards enhancing the company’s capabilities to manufacture generation, storage and supply systems locally.

“Broaden Energy”, an Emirati company, allocated investments of 455 million dirhams to develop its facility on an area of ​​80 thousand square meters, which will be concerned with developing sustainable solutions based on renewable energy sources such as hydrogen, solar energy and wind energy.

It is expected that the new facility in Kizad will provide about 1,000 direct job opportunities.

Abdullah Al -Hamli, CEO of economic cities and free zones said that renewable energy is an essential component of Abu Dhabi’s vision to diversify energy sources in order to achieve sustainable economic development and in line with the Emirates Energy Strategy 2050 aimed at reaching climate neutrality, we continue to expand the scope of the renewable energy sector in Kizad, and the partnership with Broden Energy is an affirmation of our commitment to support industrial innovation in this sector Bio.

For his part, Adnan Sukoliga, CEO of “Broaden Energy”, said that signing the agreement with Kizad is a strategic step in the march of Boden Energy’s expansion and we are committed to developing advanced solutions that support the state’s directions in promoting local manufacturing and sustainable industrial growth, and at the same time contributes to pushing the efforts of the Emirate of Abu Dhabi towards developing the clean energy sector.

Investing in the renewable energy sector is an essential pillar of diversification of the economy in the Emirate of Abu Dhabi, and Kizad continues to play a pivotal role in this path by attracting specific partnerships and empowering innovation and knowledge in this vital sector.

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